Ore

TechMet closes its second funding round at $120M

Retrieved on: 
Friday, April 16, 2021
Physical sciences, Chemistry, Natural sciences, Chemical elements, Transition metals, Dietary minerals, Ferromagnetic materials, Metals, Cobalt, Vanadium, Ore, Lithium

b'DUBLIN, LONDON and WASHINGTON, April 16, 2021 /PRNewswire/ -- TechMet has announced the closing of its second-round equity fundraising at $120m.

Key Points: 
  • b'DUBLIN, LONDON and WASHINGTON, April 16, 2021 /PRNewswire/ -- TechMet has announced the closing of its second-round equity fundraising at $120m.
  • As the world adopts new technologies, the supply of critical metals becomes a more pressing national security challenge for the US and its allies.
  • TechMet\'s achievements and credibility now firmly position it to help to deal with these challenges.
  • TechMet\'s target metals include: lithium, cobalt, nickel, rare earth metals, tin, tungsten, and vanadium.

TechMet closes its second funding round at $120M

Retrieved on: 
Friday, April 16, 2021
Physical sciences, Chemistry, Natural sciences, Chemical elements, Transition metals, Dietary minerals, Metals, Cobalt, Extractive Industries Transparency Initiative, Ore, Mercuria, Lithium

b'- TechMet the private strategic metals company backed by the US DFC, closes its second equity funding round with a 50% oversubscription\n- Largest shareholders now include DFC, Lansdowne Partners and Mercuria.\nDUBLIN, LONDON and WASHINGTON, April 16, 2021 /PRNewswire/ -- TechMet has announced the closing of its second-round equity fundraising at $120m.

Key Points: 
  • b'- TechMet the private strategic metals company backed by the US DFC, closes its second equity funding round with a 50% oversubscription\n- Largest shareholders now include DFC, Lansdowne Partners and Mercuria.\nDUBLIN, LONDON and WASHINGTON, April 16, 2021 /PRNewswire/ -- TechMet has announced the closing of its second-round equity fundraising at $120m.
  • As the world adopts new technologies, the supply of critical metals becomes a more pressing national security challenge for the US and its allies.
  • TechMet\'s achievements and credibility now firmly position it to help to deal with these challenges.
  • TechMet\'s target metals include: lithium, cobalt, nickel, rare earth metals, tin, tungsten, and vanadium.

Kore Mining Advances Exploration Permitting at Long Valley Gold-Silver Project

Retrieved on: 
Thursday, April 8, 2021
Economic geology, Goddesses, Earth sciences, Prospecting, Ore, Persephone, Trebilcock, Deities

KORE's CEO Scott Trebilcock stated: "Prospecting and geophysics have shown the potential to significantly grow the gold endowment of the Long Valley gold-silver project.

Key Points: 
  • KORE's CEO Scott Trebilcock stated: "Prospecting and geophysics have shown the potential to significantly grow the gold endowment of the Long Valley gold-silver project.
  • Long Valley is 100% owned epithermal gold and silver project located in Mono County, California.
  • KORE is actively developing its Imperial Gold project and is aggressively exploring across its portfolio of assets.
  • Further information on Long Valley and KORE can be found on the Company's website at www.koremining.com or by contacting us as [email protected] or by telephone at (888) 407-5450.

Newcrest Announces Its Initial Mineral Resource Estimate for Red Chris

Retrieved on: 
Tuesday, March 30, 2021
Economic geology, Mineral economics, Mining, Primary sector of the economy, Newcrest Mining, Mineral resource classification, Natural Resources, Ore, National Instrument 43-101

The Competent Person for the Mineral Resource estimate is an employee of Newcrest Mining Limited and is based in Melbourne.

Key Points: 
  • The Competent Person for the Mineral Resource estimate is an employee of Newcrest Mining Limited and is based in Melbourne.
  • Derisk Geomining Consultants has conducted an independent review of the Red Chris Mineral Resource estimate and concluded that the estimate has been prepared using accepted industry practice, has been completed in accordance with the JORC Code guidelines, is suitable for preparing a public report documenting the Mineral Resource estimate, and as a basis for developing Ore Reserves.
  • Red Chris is not currently a material property for Newcrest.
  • Newcrest continues to assess the materiality of its mineral properties in the ordinary course and in connection with new developments.

Dundee Precious Metals Announces Mine Life Extension and Update to Mineral Resource and Mineral Reserve Estimates for the Chelopech Mine

Retrieved on: 
Tuesday, March 30, 2021
Chelopech, Economic geology, Mining, Dundee Corporation, Ore, Metal

Drilling was concentrated on targets in the upper levels of the Chelopech deposit, and the program resulted in the addition of two new ore bodies to the Mineral Resource inventory.

Key Points: 
  • Drilling was concentrated on targets in the upper levels of the Chelopech deposit, and the program resulted in the addition of two new ore bodies to the Mineral Resource inventory.
  • The 2021 Mineral Resource development strategy for Chelopech will focus on the upper levels of Blocks 5, 8,17, 25, 144, 145, 149 and 700.
  • About Dundee Precious Metals Inc.
    Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia and Serbia.
  • The Companys resources are allocated in-line with its strategy to ensure that DPM delivers value for all of its stakeholders.

Southern Intersects High-grade Copper-Silver-Gold at the Bocona Target with 6.3 Metres Averaging 134g/t Ag, 0.5g/t Au, 2.3% Cu (461g/t AgEq) including 1.1 Metres Averaging 567g/t Ag, 2.3g/t Au 11.2% Cu (2,106g/t AgEq)

Retrieved on: 
Monday, March 29, 2021
Economic geology, Mining, Ore, Skarn, Earth sciences, Geology

AgEq and ZnEq were calculated using average metal prices of: US$20/oz silver, US$1650/oz gold, US$3.25/lbs copper and US$0.9/lbs lead and US$1.15/lbs zinc.

Key Points: 
  • AgEq and ZnEq were calculated using average metal prices of: US$20/oz silver, US$1650/oz gold, US$3.25/lbs copper and US$0.9/lbs lead and US$1.15/lbs zinc.
  • The Cerro Las Minitas project is an advanced exploration stage polymetallic Ag-Pb-Zn-Cu Skarn/CRD project located in southern Durango, Mexico.
  • About Southern Silver Exploration Corp.
    Southern Silver Exploration Corp. is an exploration and development company with a focus on the discovery of world-class mineral deposits.
  • The Company engages in the acquisition, exploration and development either directly or through joint-venture relationships in mineral properties in major jurisdictions.

C3 Metals Announces Warrant and Stock Option Exercises

Retrieved on: 
Monday, March 29, 2021
Mining, Economic geology, Companies, Industry economics), Skarn, Porphyry, Ore, Glencore, Sunnyside mine

C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits.

Key Points: 
  • C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits.
  • The Company's flagship project is the 5,700-hectare Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru.
  • Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore).
  • Although these statements are based on currently available information, the Company provides no assurance that actual results will meet management's expectations.

C3 Metals Announces Grant of Options

Retrieved on: 
Friday, March 26, 2021
Economic geology, Geology, Earth sciences, Skarn, Porphyry, Ore, Academic disciplines

C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits.

Key Points: 
  • C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits.
  • The Company's flagship project is the 5,700-hectare Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru.
  • Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore).
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/78739

NORNICKEL MAJOR SHAREHOLDERS AGREED ON A SPIN-OFF OF BYSTRINSKY PROJECT

Retrieved on: 
Friday, March 26, 2021
Industry economics), Mining, Krasnoyarsk Krai, Norilsk, Nornickel, Economic taxonomy, Vladimir Potanin, Interros, Bystrinsky District, Ore

The Company's major shareholders are proposing to allocate entire Nornickel's stake in Bystrinsky project among all Nornickel's shareholders.

Key Points: 
  • The Company's major shareholders are proposing to allocate entire Nornickel's stake in Bystrinsky project among all Nornickel's shareholders.
  • Norilsk Nickel holds 50.01% of shares in Bystrinsky project, which includes Bystrinskoye ore deposit and Bystrinsky concentrator.
  • The President of Nornickel, Vladimir Potanin commented on the proposal of major shareholders, "We welcome the decision of our major shareholders to support the spin-off of the Bystrinsky project.
  • Bystrinsky project (GRK Bystrinskoe), including Bystrinskoye ore deposit and Bystrinsky concentrator (BystrinskyGOK), is owned by Nornickel (50.01%), CIS NRF Holdings (36.66%, representing the interests of Interros Group) United Resources Limited (13.33%, HOPU Investments).

West Africa Mining Industry Report 2020: State of the Industry, Influencing Factors, Competition, Outlook, Industry Associations - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 24, 2021
Mining, Minerals, Natural Resources, Minerals, Oxide minerals, Crystallography, Ore, Tantalite, Columbite, Ilmenite, Mining, Mineral industry of Africa

The "Mining in West Africa 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mining in West Africa 2020" report has been added to ResearchAndMarkets.com's offering.
  • This report focuses on Mining in West Africa and includes information on mining resources and production across the region, trade statistics, developments, corporate actions, pertinent regulation and other influencing factors.
  • Minerals produced in West Africa include bauxite, coal, copper, diamonds, gemstones, gold, ilmenite, iron ore, lead, manganese, nickel, phosphate rock, rutile, silver, columbite-tantalite, tin, uranium, zinc and zircon.
  • These include invitations for plans to develop mines and plants, plans to group artisanal miners into cooperatives and the granting of refining licences.